Top 10 E-Commerce Firms In India
What is E-Commerce?
E-commerce is the buying and selling of good or services through internet, or any other electronic medium to complete the sales. It's also known as Electronic Commerce.
Top 10 E-Commerce Firms In India The Indian E-commerce industries have became a trend since online shopping came around 2007. Nowadays everybody prefers to shop online due to lack of time, best offers and reasonable pricing. ★ Two Important factors Of E-Commerce Business 1. High-Quality Products. 2. Best Customer Services.
FLIPKART ● Flipkart was the first E-Commerce firm in India. ● Established in 2007 by Sachin Bansal and Binny Bansal. ● Flipkart is based in Bengaluru, Karnataka. ● Flipkart sells products like smartphones, clothing, electronics, and more. ● Flipkart holds a revenue range of $464.7 Billion in 2020.
AMAZON.IN ● Amazon Inc is the largest firm among the E-commerce Industries formed in 2012.
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● Amazon is an American E-commerce and cloud computing company based in Seattle, Washington. D.C. ● Amazon sells products like electronics, smartphones, clothing, watches, footwear, food items, and more. ● Amazon holds a revenue range of $87.44 Billion in 2017.
SNAPDEAL ● Snapdeal is an Indian E-Commerce firm based in New Delhi, India. ● Snapdeal was formed in 2010 by Kunal Bahl and Rohit Bansal. ● One of the essential E-commerce companies in India, with countless customers daily. ● Snapdeal sells products like smartphones, smartwatches, wearables, and more. ● Snapdeal had revenue of $3.68 Billion in 2020
PAYTM ● Paytm came into existence as an E-payment system then later expanded to an E-commerce platform. ● Paytm is a Noida, Uttar Pradesh-based company formed in 2010 by Vijay Shekhar Sharma. ● Paytm started its journey as an online recharging platform and later evolved to a bill payment system and online shopping services. ● Paytm re-launched a different platform named Paytm Mall in 2017 just for online shopping. ● Paytm has a revenue of $48.74 Billion in 2020.
EBAY.IN ● eBay is a California-based company, was founded by Pierre Omidyar in 1995. ● eBay started its commerce business in India by the year of 2004. ● eBay sells products like Books, Business and Industrial items, Clothing, Shoes, Collectibles, Electronics, and more. ● eBay India had a revenue of $3.6 Billion in 2020.
SHOPCLUES ● Shopclues was created in Silicon Valley by Sandeep Agarwal, Sanjay Sethi, and Radhika Agarwal in 2011. ● Shopclues is a leading E-commerce company in India, majorly selling clothing and accessories. ● Shopclues holds an alliance from Tiger Global, Helion Ventures, and Nexus Venture as its Investing Partners. ● Shopclues had revenue of around $19.96 Billion in 2020.
MAKE MY TRIP ● MakeMyTrip was Formed as an American firm in 2000 by Deep Kalra and later started operation in India in 2005. ● MakeMyTrip offers services like Hotel, Bus, Flight, Train ticket bookings. ● MakeMyTrip had revenue of $51.2 Billion in 2020.
BOOK MY SHOW ★ BookMyShow is an online booking portal for movies, concerts, plays, matches, and various other entertainment programs. ★ BookMyShow was organized in 2007 by Ashish Hemrajani, Parikshit Dhar, and Rajesh Balpande. ★ BookMyShow has the highest funding rate of $5.5 billion by US-based private equity firms. ★ BookMyShow is the leading online booking portal that holds a revenue of around $94.23 Million in 2020.
99ACRES ● 99ACRES is an Indian-based real estate website founded in Noida, Uttar Pradesh, in 2005 by Sanjeev Bikhchandani. ● 99ACRES provides details related to property, such as cost details, photographs of the plot, location, and owner details. ● 99ACRES currently owns Info Edge and holds firm Naukri.com, a top-rated online job portal in India. ● 99ACRES owned around $15.98 Million in revenue in 2020.
New studies states that the worldwide retail E-Commerce sales trends will reach a new level by 2025.
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